Basel/Bad Homburg v.d.H., June 20, 2017 – Creathor Venture, a leading pan-European venture capital firm, together with a circle of experienced private investors from the real estate industry invest CHF 2.5 million in German-Swiss property tech company Allthings Technologies AG. Allthings connects tenants, owners, property managers and developers of living and commercial property through a modular communication and service platform.
Allthings sees itself as an open app store for landed property, offering the real estate industry a central application to easily integrate digital real estate services into the physical sphere and offer them to the users of a property. Asset managers use the Allthings platform for better communication results, more comprehensive services, higher sustainability rankings and verifiable process standardizations. Property managers use, amongst others, the AI-based chatbot for an automated enquiry handling. Real estate developers benefit from Allthings’ one-stop-shop solution which allows them to equip tomorrow’s properties with digital services.
“Within the last 12 months, we have been able to strengthen our role as a key provider of digital services for properties: We have tripled our team, we have won a substantial number of leading real estate companies as customers, the demand is both international and continually high, and we register positive operational results and user rates above average. We will use the fresh capital to further expand the platform by adding additional digital services of national and international partners, integrating numerous ERP systems, and additionally pushing our growth in Europe”, says Marc Beermann, co-founder and COO of Allthings.
Alex Stöckl, Investment Manager at Creathor Venture, comments: “We strongly believe in the digitalisation of rental property. The initial markets in Germany, Austria and Switzerland alone are huge, and, with a degree of digitalisation close to zero, offer an enormous potential for Allthings. What has impressed us most about Allthings’ founding team is their experience and – despite the early phase – the competent way they handle big customers.”
“Allthings is already the second investment of Creathor in the field of property tech in the past months after our investment in real estate crowdfunding platform iFunded”, adds Cédric Köhler, Managing Partner at Creathor. “Property Tech is one of the investment foci of our new fund.”
Allthings builds beautiful, modular applications for property users, which bundle various digital functionalities and services (“Micro Applications”) for a better life and work in buildings. Allthings improves and simplifies the life of users within buildings. Real estate owners increase transparency and value of their assets and property management becomes digital and more efficient. Allthings’ customers are Real Estate Asset Managers, Developers and Property Managers, amongst others some of the largest real estate companies in Europe. Allthings was founded in 2013 by an experienced management team with global growth ambitions and has offices in Basel, Berlin and Freiburg/Breisgau. Allthings’ solution has the potential to drastically change the real estate industry. For this, Allthings has been recognized with several awards as a digital pioneer by the industry. Find more information at www.allthings.me.